british columbia finances

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Federal government not alone in mismanaging finances—just look at British Columbia

By 2026/27, the province’s net debt will reach a projected $128.8 billion.

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Unelected premier driving B.C. government finances into the ground

This year the province will spend a projected $4.1 billion on debt interest costs.

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B.C.’s credit downgrades reflect government’s spending and debt binge

The government plans to overspend by $11.2 billion relative to its 2023 budget plan.

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B.C.’s day of ‘debt’ reckoning has arrived

The province forecasts huge deficits in each of the next four fiscal years.

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Another big spending budget would drown B.C. government in red ink

In 2022/23, the latest year of complete data, inflation-adjusted spending reached a record high of $14,275 per person.

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B.C. government’s spending spike sparks debt boom

This fiscal year the province's debt interest costs with reach $3.3 billion.

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B.C.’s coming debt boom will make COVID deficits look like small potatoes

The province is on track to add more debt than it did during the 2008/09 recession and pandemic.